This maker of electronic display systems is expected to grow this year, at triple-digit rates. The shares have a current dividend yield of 4.49%, paid quarterly.
Daktronics, Inc. (DAKT)
From Forbes Dividend Investor
Brookings, South Dakota-based Daktronics makes scoreboards, video boards, and a wide range of associated products and services. The temporary closure of sporting events will not last forever, and the other applications of its technology in highway safety, advertising, and gas station video signage presents new avenues for growth. The CEO and CFO were both buyers of DAKT shares over the past two weeks.
Since the market’s decline, when we bought the stock on March 13, we now have lower prices that enhance the value of this stock, and it is officially in the portfolio as a recommended buy.
John Dobosz, Forbes Dividend Investor, www.newsletters.forbes.com, 212-367-3388, March 13 and March 17, 2020